Express Hotels Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.20 M
- Company Age 53 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.47 Cr
- Revenue Growth -0.83%
- Profit Growth -25.43%
- Ebitda -14.50%
- Net Worth 14.01%
- Total Assets 9.42%
About Express Hotels
Express Hotels Pvt Ltd (EHPL) was founded in India on 20 May 1971 and has a glorious history of 53 years and nine months. Its registered office is in Baroda, Gujarat.
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.20 M.
The company has closed loans amounting to ₹5.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Express Hotels Pvt Ltd India is Pradeep Agarwal as CFO. Nirav Gandhi, Ashwin Gandhi, Hiren Gandhi, and One other member serve as directors at the Company.
Company Details
- Location Baroda, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101GJ1971PTC001900
- Company No.
001900
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1971
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Travel and Hospitality
What products or services does Express Hotels Pvt Ltd offer?
Express Hotels Pvt Ltd offers a wide range of products and services, including Hotel Booking & Reservation Services, Hotels Accommodation Service, Hotel Bookings, Air-conditioned Deluxe Rooms, Accommodation Services, Suite Rooms Service.
Who are the key members and board of directors at Express Hotels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Agarwal | CFO | 16-Nov-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiren Gandhi  | Director | 28-Jun-2003 | Current |
| Ashwin Gandhi | Whole-Time Director | 20-May-1971 | Current |
| Nirav Gandhi | Director | 10-Jun-1996 | Current |
| Kirit Gandhi | Director | 20-May-1971 | Current |
Financial Performance of Express Hotels.
Express Hotels Pvt Ltd, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.83% decrease. The company also saw a substantial fall in profitability, with a 25.43% decrease in profit. The company's net worth Soared by an impressive increase of 14.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Express Hotels?
In 2024, Express Hotels had a promoter holding of 27.50% and a public holding of 72.50%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hotel And Restaurant Association (Western India)Nirav Gandhi is a mutual person
The Federation Of Hotel And Restaurant Associations Of IndiaNirav Gandhi is a mutual person
Express Equipment Rental & Logistics Private LimitedAshwin Gandhi and Kirit Gandhi are mutual person
Express Engineering Construction Private LimitedNirav Gandhi, Ashwin Gandhi and 2 more are mutual person
Urban Pod Private LimitedHiren Gandhi is a mutual person
Crane Owners Association Of IndiaAshwin Gandhi is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹54.74 M
Charges Breakdown by Lending Institutions
- Pragati Sahakari Bank Ltd. : 3.00 Cr
- Axis Bank Limited : 1.25 Cr
- Indian Overseas Bank : 1.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2018 | Axis Bank Limited | ₹1.25 Cr | Satisfied |
| 02 Mar 2010 | Pragati Sahakari Bank Ltd. | ₹3.00 Cr | Satisfied |
| 17 Aug 1998 | Indian Overseas Bank | ₹0.84 M | Satisfied |
| 09 Dec 1994 | Indian Overseas Bank | ₹6.00 M | Satisfied |
| 21 May 1988 | Indian Overseas Bank | ₹0.80 M | Satisfied |
How Many Employees Work at Express Hotels?
Express Hotels has a workforce of 158 employees as of Nov 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Express Hotels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Express Hotels's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Express Hotels
Recent activity within the organization
- Director Appointment
Pradeep Agarwal was appointed as a Cfo was appointed as a Cfo on 16 Nov 2024 & has been associated with this company since 3 months 15 days .
- Annual General Meeting
Express Hotels Pvt Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Express Hotels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 27 Nov 2018 via Charge ID 100224027 with Axis Bank Limited was fully satisfied on 17 Aug 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 12.50 M with Charge ID 100224027 was registered on 27 Nov 2018.
- Charges
A charge registered on 02 Mar 2010 via Charge ID 10208290 with Pragati Sahakari Bank Ltd. was fully satisfied on 12 Apr 2016.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Express Hotels Pvt Ltd?
Express Hotels Pvt Ltd was incorporated on 20 May 1971.
What is authorized share capital and paid-up capital of Express Hotels Pvt Ltd?
The authorized share capital of Express Hotels Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.20 M.
Who are the current board members & directors of Express Hotels Pvt Ltd?
Currently 5 directors are associated with Express Hotels Pvt Ltd.
- Nirav Vinod Gandhi
- Ashwin Ramanlal Gandhi
- Hiren Ashwin Gandhi
- Kirit Ramanlal Gandhi
- Pradeep Agarwal
What is the registered address of Express Hotels Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Express Hotels Pvt Ltd is Near Indian Oil Petrol Pumprace Course Road 5 India, Baroda, Gujarat, 390005.
What is the corporate identification number (CIN) and company number of Express Hotels Pvt Ltd?
The corporate identification number (CIN) of Express Hotels Pvt Ltd is U55101GJ1971PTC001900 and the company number is 001900 as per Ministry of Corporate Affairs (MCA).
What is the official website of Express Hotels Pvt Ltd?
The Official website of Express Hotels Pvt Ltd is https://www.expresshotelsindia.com
What has been the recent revenue trend for Express Hotels Pvt Ltd?
According to the financial reports for the fiscal year 2024, the revenue trend for Express Hotels Pvt Ltd has fallen by -0.83%.
How many employees does Express Hotels Pvt Ltd currently have?
As Per 2024 financial reports, 158 employees are currently employed by Express Hotels Pvt Ltd.
What change has been observed in the net worth of Express Hotels Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Express Hotels Pvt Ltd has experienced an upsurge of 14.01%.
When was the last Balance Sheet of Express Hotels Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Express Hotels Pvt Ltd was filed with the ROC on 31 Mar 2024.
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